Bond market: Turnover surged by 67.63% to GH¢1.5bn

Ghana’s secondary bond market rebounded with a 67.63% increase in turnover from the previous week.

The February 2027 and February 2033 maturities dominated trading. This comprised 21.69% and 23.52% of the total volume, respectively.

The total volume exchanged rose by GH¢610 million to GH¢1.5 billion.

The short end of the LCY curve accounted for 56.48%, with the bell and tail end at 43.47% and 0.05%, respectively.

Analysts expect repo exchanges to continue to drive market activity, with trade concentration focused on Treasury bills and the shorter end of the yield curve.

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